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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES AND OTHER INCOME        
Net sales $ 6,275 $ 5,962 $ 12,363 $ 11,834
Interest, dividends and other income 46 28 76 63
Gain on sale of assets and equity investments, net 525 131 525 131
TOTAL REVENUES AND OTHER INCOME 6,846 6,121 12,964 12,028
COSTS AND OTHER DEDUCTIONS        
Cost of sales 3,297 3,180 6,495 6,317
Selling, general and administrative and other operating expenses 498 495 886 888
Asset impairments 471   471  
Taxes other than on income 199 196 402 382
Exploration expense 54 78 109 128
Interest and debt expense, net 18 30 38 64
TOTAL COSTS AND OTHER DEDUCTIONS 4,537 3,979 8,401 7,779
Income before income taxes and other items 2,309 2,142 4,563 4,249
Provision for domestic and foreign income taxes (957) (901) (1,889) (1,745)
Income from equity investments 83 86 150 182
Income from continuing operations 1,435 1,327 2,824 2,686
Discontinued operations, net (1) (5) 2 (9)
Net income 1,434 1,322 2,826 2,677
Net income attributable to noncontrolling interest (3)   (5)  
NET INCOME ATTRIBUTABLE TO COMMON STOCK $ 1,431 $ 1,322 $ 2,821 $ 2,677
BASIC EARNINGS PER COMMON SHARE (attributable to common stock)        
Income from continuing operations (in dollars per share) $ 1.83 $ 1.65 $ 3.58 $ 3.33
Discontinued operations, net (in dollars per share)   $ (0.01)   $ (0.01)
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 1.83 $ 1.64 $ 3.58 $ 3.32
DILUTED EARNINGS PER COMMON SHARE (attributable to common stock)        
Income from continuing operations (in dollars per share) $ 1.82 $ 1.64 $ 3.58 $ 3.33
Discontinued operations, net (in dollars per share)       $ (0.01)
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) $ 1.82 $ 1.64 $ 3.58 $ 3.32
DIVIDENDS PER COMMON SHARE (in dollars per share) $ 0.72 $ 0.64 $ 1.44 $ 1.28